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Earnings Per Share (Tables)

9 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Schedule of computation of basic and diluted earnings (loss) per share


		Three months ended December 31, (In thousands, except per share amounts)								Nine months ended December 31, (In thousands, except per share amounts)
		2018				2017				2018				2017
Numerator:
Net income (loss)		$	(905	)		$	(2,898	)		$	1,097			$	(1,741	)
Less: Allocation of earnings to participating securities			5				40				(10	)			23

Net income (loss) allocated to common stock		$	(900	)		$	(2,858	)		$	1,087			$	(1,718	)

Basic earnings (loss) per share computation:
Net income (loss) allocated to common stock		$	(900	)		$	(2,858	)		$	1,087			$	(1,718	)

Weighted average common shares outstanding, including shares considered participating securities			7,859				7,910				7,855				7,876
Less: Weighted average participating securities outstanding			(46	)			(110	)			(68	)			(102	)

Weighted average shares of common stock			7,813				7,800				7,787				7,774

Basic earnings (loss) per share		$	(0.12	)		$	(0.37	)		$	0.14			$	(0.22	)

Diluted earnings (loss) per share computation:
Net income (loss) allocated to common stock		$	(900	)		$	(2,858	)		$	1,087			$	(1,718	)
Undistributed earnings re-allocated to participating securities			—				—				—				—

Numerator for diluted earnings (loss) per share		$	(900	)		$	(2,858	)		$	1,087			$	(1,718	)

Weighted average common shares outstanding for basic earnings per share			7,813				7,800				7,787				7,774
Incremental shares from stock options			7				—				—				—

Weighted average shares and dilutive potential common shares			7,820				7,800				7,787				7,774

Diluted earnings (loss) per share		$	(0.12	)		$	(0.37	)		$	0.14			$	(0.22	)